iShares Core S&P 500 ETF $IVV Stake Lowered by Financial Advisory Corp

Financial Advisory Corp reduced its position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.7% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 187,111 shares of the company’s stock after selling 1,329 shares during the quarter. iShares Core S&P 500 ETF accounts for about 18.4% of Financial Advisory Corp’s investment portfolio, making the stock its biggest holding. Financial Advisory Corp’s holdings in iShares Core S&P 500 ETF were worth $125,234,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Flaharty Asset Management LLC bought a new position in iShares Core S&P 500 ETF during the first quarter valued at approximately $28,000. Nvwm LLC raised its stake in shares of iShares Core S&P 500 ETF by 210.5% in the second quarter. Nvwm LLC now owns 59 shares of the company’s stock worth $37,000 after buying an additional 40 shares during the period. Hager Investment Management Services LLC purchased a new stake in shares of iShares Core S&P 500 ETF in the second quarter worth $61,000. Rice Partnership LLC boosted its holdings in iShares Core S&P 500 ETF by 460.0% in the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock worth $70,000 after buying an additional 92 shares during the period. Finally, Wealth Preservation Advisors LLC bought a new position in shares of iShares Core S&P 500 ETF in the first quarter worth about $76,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Trading Up 0.8%

Shares of IVV stock opened at $677.50 on Friday. The stock’s 50-day moving average price is $678.26 and its 200-day moving average price is $651.43. iShares Core S&P 500 ETF has a 12-month low of $484.00 and a 12-month high of $693.07. The stock has a market capitalization of $711.04 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

iShares Core S&P 500 ETF Profile

iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market.